Colombia (COL) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Colombia-Japan Trade: In 2022, Colombia exported $618M to Japan. The main products that Colombia exported to Japan were Coffee ($278M), Coal Briquettes ($153M), and Cut Flowers ($54.5M). Over the past 5 years the exports of Colombia to Japan have increased at an annualized rate of 1.71%, from $568M in 2017 to $618M in 2022.

In 2022, Colombia did not export any services to Japan.

Japan-Colombia Trade: In 2022, Japan exported $1.51B to Colombia. The main products that Japan exported to Colombia were Cars ($344M), Delivery Trucks ($265M), and Hot-Rolled Iron ($157M). Over the past 5 years the exports of Japan to Colombia have increased at an annualized rate of 5.06%, from $1.18B in 2017 to $1.51B in 2022.

In 2022, Japan did not export any services to Colombia.

Comparison: In 2022, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $618M to Japan. The main products exported from Colombia to Japan were Coffee ($278M), Coal Briquettes ($153M), and Cut Flowers ($54.5M). During the last 5 years the exports of Colombia to Japan have increased at an annualized rate of 1.71%, from $568M in 2017 to $618M in 2022.

In 2017, Japan exported $1.51B to Colombia. The main products exported from Japan to Colombia were Cars ($344M), Delivery Trucks ($265M), and Hot-Rolled Iron ($157M). During the last 5 years the exports of Japan to Colombia have increased at an annualized rate of 5.06%, from $1.18B in 2022 to $1.51B in 2017.

Exports from Colombia () to Japan () (2022)

Exports from Japan () to Colombia () (2022)

Latest Data

Trade between Colombia () and Japan ()

Colombia Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Japan
Top DestinationUnited States$137B

This map shows whether countries import more from Colombia or Japan. Each country is colored based on the difference in imports they receive from Colombia and Japan or the difference in the growth in imports.

In 2022, countries that imported more from Colombia than Japan included Panama ($5.84B), Ecuador ($1.89B), and Venezuela ($632M).

In 2022, countries that imported more from Japan than Colombia included China ($135B), United States ($137B), and South Korea ($50.8B).

Difference in imports from Japan () and Colombia () (2022)

Comparative Advantage Colombia - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Colombia and Japan by product, considering products traded by both, Colombia and Japan.

During 2022, Colombia had a large net trade with Japan in the exports of Vegetable Products ($337M), Mineral Products ($153M), and Metals ($49.5M).

During 2017, Japan had a large net trade with Colombia in the exports of Transportation ($743M), Metals ($307M), and Machines ($215M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia Japan+$282MCoal Briquettes

Top Product Potential Japan Colombia+$136MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Colombia and Japan. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Colombia.

About

Historical Data

Bilateral Trade by Products

Exports from Colombia () to Japan () (2022)

Exports from Japan () to Colombia () (2022)

Latest Data

Trade between Colombia () and Japan ()

Colombia Exports

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Colombia () (2022)

Comparative Advantage Colombia - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Colombia () and Japan () (2022)

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